Escorts daily chart, there is important support of 540 so if it hold then a bullish rally will start and aslo pericing pattern ploted on chart that is berish reversal so
buy with the SL 541 target of 620
Seems like it is forming a BEARISH MEGAPHONE PATTERN.
If it continues the breakout on downside then tomorrow we can hopefully
see the targets marked in GREEN.
Otherwise resistances are marked in RED.
Currently it is at a SUPPORT LINE TESTED MULTIPLE TIMES IN THE PAST ALSO.
Lastly on this TF, the 50 EMA is posied to crossover downside the 200 EMA.